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Thursday, March 12, 2020 11:10:09 AM
This is just part of the knee-jerk, sheep mentality reaction to the virus.
This is the biggest overreaction possibly in market history, and it's literally a self-fulfilling prophecy by all of the people who are selling.
"Oh no, the market is going to go down, I better sell!"
Two minutes later. "Why is the market going down so much?"
Umm, dummy, because there are 20 million other imbeciles who are selling because they're scared which is CAUSING the market to drop. The market doesn't just drop of its own accord. It drops because people SELL. They get scared that it's going to drop, then they proceed to HELP I DROP by selling.
It's completely idiotic.
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